This is speculation and not really knowledge. To consider how efficient something is, you have to find where energy is lost.
The efficiency of a transducer is an end-to-end thing: how much energy comes out vs. how much energy went in. You don't need to know exactly where in between (or how) the energy was lost, although that would certainly be interesting.
Consider an SM57 and a condenser with a diaphragm the same size. If amount of acoustic energy hitting the diaphragm is the same, the electrical energy the capsule puts out will be very different. An SM57 puts out enough electrical power to satisfactorily drive a preamp, and a condenser capsule can't. The SM57 is therefore clearly more efficient. (In the forward direction.)
Given that the SM57's dynamic capsule can't be more than 100 percent efficient, the condenser capsule must be much less than 100 percent efficient.
Presumably in both cases, some of the lost acoustic energy is reflected, some passes through the capsule and into the mic body or back out into the air, and some is converted to heat, but however the energy is lost, it's
not put out as electrical energy.
I don't know if it's a safe assumption that the capsule is necessarily a comparably efficient transducer in both directions, though. I wouldn't expect it to be more efficient in the inverse (electrical to mechanical) direction than the normal (mechanical to electrical) direction, but I really don't know.